QUADIENT - 2020 Universal Registration Document
6
FINANCIAL STATEMENTS Consolidated financial statements
By geographic area
●
31 January 2021
31 January 2020
France - Benelux
186.6
208.3
North America
501.3
523.6
Germany - Austria - Switzerland - Italy
101.0
117.2
United Kingdom – Ireland
79.6
95.1
International (a)
50.8
49.9
Rest of the world (b)
110.1
148.6
TOTAL
1,029.4
1,142.7
International sales correspond to Parcel Locker Solutions in Japan and Customer Experience Management (a) outside the twelve major countries. "Rest of the world” sales correspond to the sales of the “Additional Operations” segment. (b)
Accounts receivable and lease receivables 6-2:
6-2-1: ACCOUNTING PRINCIPLES
Accounts receivable are recognized and recorded at the account historical loss experience, the age of the initial amount of the invoice. Accounts receivable may receivable and a detailed risk assessment. be written down for impairment. Depreciation is Unrecoverable receivables are recognized as losses recognized as soon as a credit loss is expected. when they are identified as such. Expected credit losses are estimated taking into
6-2-2: RECEIVABLES DETAIL
31 January 2021
31 January 2020
Accounts receivable Gross value
252.9
251.3
Depreciation
(21.4)
(18.1)
Total
231.5
233.2
Lease receivables Short term
245.6
286.1
Long term
362.5
422.3
Gross value
608.1
708.4
Depreciation
(9.9)
(10.0)
Total
598.2
698.4
TOTAL
829.7
931.6
164
UNIVERSAL REGISTRATION DOCUMENT 2020
Made with FlippingBook flipbook maker